Nuso provides unified communications as a service. The project provided the Company with working capital to carry out growth initiatives.
Delmar Boulevard is an east-west street within the City of St. Louis, MO and known as the Delmar Divide. It is a socioeconomic and racial dividing line. The neighborhood directly north of the Delmar Divide is 98% Black. The neighborhood directly south of the Divide is 73% white. Located along Delmar Blvd., the former St. […]
City First New Markets Fund II closed its first NMTC transaction of 2016 on February 4th.
St. Louis, MO The Arcade Building was originally built for retail and office use. Abandoned since the 1980s, its 2012 rehabilitation brought new residential, commercial, and educational opportunities to the heart of Downtown St. Louis.
Technology Entrepreneur Center that fosters growth of new innovative IT companies.
The Old Post Office historic district of downtown St. Louis is the site of revitalization projects, including the Syndicate Building considered a key, cornerstone; historic building that was in a state of advance deterioration. In fact, the condition of the building and potential threat it posed for the future of the surrounding buildings caused the […]
This project financed energy-efficient, water-efficient, and healthy homes.
The Advantage Capital Community Development Fund was created to increase the investment capital available to entrepreneurs in Low-Income Communities throughout the nation, particularly those communities within New Orleans, St. Louis and other markets where Advantage Capital manages other, non-New Markets investment funds. The Fund is able to use the incentives offered by the New Markets […]
he St. Louis Housing Authority Central Office Building, located in the Midtown area of St. Louis at the north end of the Grand Center Arts District.
Financing for a grocery store and a food distribution, processing and aggregation facility.
The Wealth Accumulation Center on Gravois, serving an additional 10,000 low-income persons.
The River City Business Park project involved $70M redevelopment of a long-abandoned brownfield site into a 54 acre LEED-certified business park in a highly distressed community.
The Fund invested $1.35 million in convertible debt as part of a $2 million financing round for Quick Study Radiology Inc., an information technology company that helps bring to smaller community and rural hospitals the same leading-edge radiology technologies available to large hospitals. Customers include hospitals in the Missouri towns of Bolivar, Farmington, Fulton, Perryville […]
The Pagedale Town Center, part of a broad community development initiative in a 97% minority inner ring suburb of St. Louis.
The One City Centre redevelopment project returns to the St. Louis downtown a critical office building which through neglect and lack of maintenance had lost all but one major tenant. The rehabilitation includes extensive upgrades to the building’s infrastructure as well as tenant improvements for several new tenants. The One City Centre redevelopment project is […]
Rehabilitation of the Old Post Office in St. Louis
The redevelopment of the St Louis Centre into a 750-space parking garage and 106,000 sq. ft. of retail space is part of a larger redevelopment plan for a blighted three-square block area in the central business district. NDC’s investment for the garage was $10.4 million and $4.6 million for the retail component.
The renovation of a 110,000 sq. ft. building, which includes K-12 school facilities.
The Jeff Vander Lou (JVL) neighborhood of St. Louis, located less than 2 miles from downtown, was once a healthy and vibrant community. However, the neighborhood fell into decline and disrepair after World War II, as businesses closed and low-income renters vastly outnumbered homeowners. By 2008, JVL was suffering from poverty and unemployment rates nearly […]
Guardian Angel Settlement Association (GASA) requested these funds to support the development of a new Social Services Center at 3300 South Jefferson in the Benton Park neighborhood. The property transformed from a blighted, unused building into a valuable and vibrant community resource. The new Center significantly expanded the capacity of GASA’s programming, resulting in an […]